Corporate governance

“Our most important mission is to deliver superior value to customers in the most cost-effective way possible. It starts with focusing on the customer application and really working throughout the whole value chain in order to offer the best functionality and technologies to make our customers' products and/or processes perform even better.

Technology, both in our products and services as well as in our own processes, will continue to be the key to success going forward. In order to do this we started by creating a simplified organizational structure early in 2015, reducing seven staff functions to four, and created a single industrial market business area, by combining the two Industrial business areas, Strategic Industries plus Regional Sales and Service.

We also launched a review of the automotive business to strengthen its profitability and competitiveness.”